New Dynamic for Higher Education

(3/13/09) State college tuition games, Blackstone Valley Tribune, by Kristina Reardon.  Barbara Fritze of Gettysburg College describes a new dynamic for higher education. Read the article on page 4, http://www.theheartofmassachusetts.com/pdf/BLA.2009.03.13.pdf.

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‘Glimmers of Hope’ for Grads

(5/24/10) ‘Glimmers of Hope’ for Grads, by Steven Greenhouse, New York Times.

The latest study by the National Association of Colleges and Employers found that less than one quarter of this year’s college graduates who applied for a job prior to graduating, have one waiting for them after graduation. This is actually up 5% from last year. That said, salaries for graduates with liberal arts degrees fell 8.9%  from last year to an average of $33,540.  The glimmer of hope is for those in the tech and finance fields. http://www.nytimes.com/2010/05/25/business/economy/25gradjobs.html?src=mv

Are we in a recession from which we won’t recover? (Colleges must change to survive.)

(3/3/10) Jobs for Graduates in the Knowledge Economy?

Here’s an insightful article about the relationship between higher education, the economy and the job market.  Read this excerpt and you’ll understand exactly what I mean.

“We are in a recession from which we won’t recover in the usual sense: We won’t return to economic vibrancy with the same distribution of employment opportunities as we had even a couple of years ago. Technology is now pervasive and has changed both the nature of knowledge and the ways we use knowledge in our jobs. It is time to replace classroom experiences with high-impact learning experiences, because right now our curriculum is out of step with the preparation our students need right now, this year, and next year and into the future.

College faculty in four-year colleges, universities, and research institutions in the U.S. traditionally have not expected to gear their teaching approaches with undergraduates to the specific needs of a job, even in the professions. Rather, undergraduate education has been perceived as preparing students to go into a field or into graduate school. But how that happens hasn’t seemed to be the concern of college faculty in the past. Course planning has traditionally not started with research into what kinds of work graduates are actually doing and how to teach your course to match that kind of work. Why not? We faculty have believed that teaching students job skills is too shortsighted. We thought we needed, instead, to focus on higher-level thinking skills and we needed to pass on disciplinary knowledge. Adjusting our curriculum to changes in the economy at the undergraduate level was not in the job description. Besides, graduates have always found jobs so what’s broken?”  

(3/3/10) Jobs for Graduates in the Knowledge Economy?  By Trent Batson. http://campustechnology.com/articles/2010/03/03/jobs-for-graduates-in-the-knowledge-economy.aspx.

IRS Still Scrutenizing Executive Compensation, Related Orgs & UBIT of Nonprofit Colleges.

(5/7/10) IRS Compliance Project (a.k.a. Investigation) Continues to Scrutinize Executive Compensations, Related Organizations, and Unrelated Business Income Taxes (UBIT) of Nonprofit Colleges and Universities. The Interim Report concludes that more colleges and universities reported engaging in taxable activities than actually paid taxes on these activities. Lois G. Lerner, Director of the IRS’s Exempt Organizations division stated, “We need to understand if this apparent disparity is appropriate or whether it indicates a broader compliance concern in the unrelated business income area.” Read the Interim Report at http://www.irs.gov/pub/irs-tege/cucp_interimrpt_052010.pdf

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